Global Market: Kospi drops 2% as chip stocks tumble ahead of Nvidia earnings

South Korea’s Kospi fell 1.96% to 6,565.89 on Tuesday as chip stocks tumbled ahead of Nvidia’s earnings. Samsung Electronics and SK Hynix led the losses as investors grew cautious about AI investment returns. Despite this sharp drop, the index has still gained 55.81% so far this year, showing strong overall growth.